Hello Team,
I've concern about a 14 year old apartment building with 96 flats, where society was not created by the builder and due to low maintenance the building gets into worst condition which degrades the cost of the apartment lower than the purchase cost. Also, from 96 flats hardly 10 to 12 flats are only occupied right now and rest of the flats are empty, where owners residing somewhere else but they owns the apartment and no one is coming together for any solution.
So, in this situation I want to know what are my rights as an apartment owner, what property law says if the building poor condition leads to unoccupiable and also if it gets collapse. Is there any Law which cover the apartment cost to the owner or what is the best option in this scenario for an individual?